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20121202
20121210
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, spending cuts mean cuts to education, transportation, research and development. there is a proposal to up airline fee that's could raise $1 billion cutting back on those who receive food stamps could bring in another $4 billion to $16 billion eliminating saturday delivery of the mail could save $16 billion. and military spending cuts would hit california. >> defense is a big part of southern california economy. cuts would affect there. >> this afternoon the speaker of the house delivered the g.o.p.'s proposal reducing national debt by $2.2 trillion. including new tax revenue but leading cuts for the top 2% in place. today the president ignored reporter questions about that republican plan but later in a statement the white house rejected it. abc 7 news believes a deal will be struck about the deadline, it will be the republican that's give ground. >> i think this time around, obama learned from his past mistakes and importantly, advantage that if he does nothing he's in better shape than republicans oor professor cane says congressional republicans holding middle class cuts hostage in ord
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